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20121201
20121231
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English 45
Search Results 0 to 44 of about 45 (some duplicates have been removed)
. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we fin
. in italy, in europe, a lot of italians are baying little red horns because little red horns ward off the so-called evil i didn't. and, then, putin is not worried at all, the russian president says he knows when the world is ending, 4.5 billion years away but he also said, today, and this is interesting, that life on earth will end before the world ends because the sun is going to turn into a little white dwarf. this has been a good crop of mushrooms this year. >>shepard: apparently. maybe he can slay a dragon. what left is nasa is left. >>jonathan: nasa made a video datelined the day after the apocalypse with this message. >> december 22, 2012. if you are watch this video, it means one thing: the world didn't end yesterday. >>shepard: it means they released it early. >>jonathan: nasa says there are no comets that will collide with the earth or nothing that will bun us up but they did it early which makes you wonder really they really are preparing and just wanted to put this out but if you want reliable evidence the world is not ending i talked to my brother in new zealand a short time ago
%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more austerity. social welfare having been cut, health care cut, unemployment, growth virtually nonexistent. now the talk is not of more austerity, but how to get growth started again across the contine continent. suzanne. >> thank you, richard. >>> christmas, of course, is a time of giving, but there are many struggling families in boston that couldn't aafford to get their children he anything. this year for almost six decades help kamt no
around the world in socialist countries. yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is mayis mak little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure
. the catholic church wants to pretrend it has thrived around the world in socialist countries. yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is making little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] this is karen and jeremia
class today. italy around the 4.5% level. we've seen these predominant for several weeks and likely a quick check on forrus. the yen, an important one to keep an eye on, as well. dollar/yen firmer, continuing the patterns that we've seen over the last couple of trading sessions. for more on what to expect from markets today, we're joined by chris meyer, managing director and chief strategist from loop capital markets. chris, good morning. we wake up without a deal. what does that mean? what are you watching today? >> good morning, kelly. the thing i'm watching most specifically is the vix. i think the vix is the most distilled measure of risk that we have in the marketplace right now. we've noticed that the vix has gone from a fairly low range of 12 to 14. we're up over 20 now, which to me is an area of concern. if we begin to move higher, once again, i think we should watch out for market-based effects. >> we have, as you mentioned, started to see that outperformer. it's interesting in a year when the vix is tamed we haven't seen more volatility. in fact, as you look out at some of
? coming from italy and spain. are you concerned at all that it will dig into your maagins? >> i am not. has been around for a long time. % go, you know, it is a lower effervescent sparkling, and it's from italy. i just don't think it's tapping into our market all. i say that because we are up to tremendous this year. cheryl: well said. breaking news coming out of washington. great to have you on the show. happy new year. i want to bring in diane, as we do every 15 minutes. we are getting some news coming out of washington. the dow jones jumping right now. up 70 points right now. >> reporter: that's right. session highs. the dow up 73, nasdaq about 35, the s&p up almost 12 points after seeing it fairly flat, searching for direction all morning. keep in mind, five straight losing sessions for the dow, trying to stave off that losing streak here on hopes of of this bill cliff still coming through, also taking a look at pfizer and bristol-myers today, the fda approving a cholesterol fighting drug from both companies. those are both up. bristol-myers up one and a half%. pfizer up just sligh
and italy. the boreses and footy 100, the xetra dax, this has been the outperformer up in the range of 30%. another .3% after the ifo out of germany. came in better than expected. again, a good sign for growth. not necessarily, though, for those who would like to see a weaker europe. the ibex 35 adding 1.3%. and the nikkei, as you mentioned, up above 10,000 for the first time in eight months. adding 2.4%. better hope the moves in the japanese government or bank of japan pan out. we'll get the bank of japan's decision tomorrow. but this comes on the day when, remember, it's on the weakening of the yen which we can show you on hopes that that will help the japanese corporate sector. remember, we saw export figures showing a drop of 20% in exports to the use. 15% to china. again, there's a lot of expectation built to this. the aussie/dollar remains the underperformer as we continue to evaluate china's internal rebalancing. now the sterling is stronger, the dollar/yen you already mentioned. and the euro/dollar to get back to the point about the ifo survey is adding .3% to 132.-- 1.3274. we ge
. in italy, two americans were among 32 passengers killed when the costa concordia sank and the captain abandoned ship. the pope made a historic visit to mexico and cuba despite his frail health, the 85-year-old even began tweeting. across europe, anger over the failing economy spread as millions protested government budget cuts. ecuador granted asylum to wikilocations founder assange. if he takes one step out of this british embassy, they will arrest him. he faces sexual assault allegations in sweden and claims the u.s. wants to extradite him to face spy charges. team usa cammured 46 gold medals at the summer olympics in london. britain celebrated queen elizabeth's 60 years on the throne. and prince william and his wife kate announced a royal baby is on the way. en toa krause, cbs new -- tina krause, cbs news, london. >>> this new year's day marks 150 years for one of america's most famous pieces of history. >> the emancipation is ready to make an appearance. next. ,,,,,,,,,,,,,,,,,,,, the slaves was signed by abm lincoln 150 years ago. it wt anuary 1st, 1 . >>> a rare look at the eman
in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and see on that. employment is really, really the key thing, and so what comes out of all the negotiations and how we employee people, infrastructure, and all of that makes a difference. ashley: companies hunkering down, a lot of cash, but not doing in until washington gets the act together. >> means technology, for example, could be a big sector. if companies get signals from washington and go out and invest into hiring people, putting technology online, it could be great, but we're just waiting and waiting and waiting, which is why it's a cliff hanger. ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger."
in italy. he became the first japanese american in congress and served 50 years in the u.s. senate. his death was announced by harry reid. >> the kindness that he has shown me for me time here in the senate has been something i will cherish always. a man who has lived and breathed the senate. he was that patriot. >> very kind words. president obama also a native of hawaii tweeted aloha yesterday. he died yesterday at 88 years old. >>> there is progress in talks on the fiscal cliff, but major sticking points still remain with just two weeks to go. a top republican says there is disagreement over spending cuts versus new taxes and until that could be worked out, there won't be any talks about the specific details. and wall street closed higher over signs of the talks. the dow jones rose 100 points for its biggest gain of the month. early markets overseas also higher because of capitol hill optimism. and a bounce back in china's economy. >>> a holiday miracle for drivers as plunging gas prices hit their lowest point of the year. aaa reports the price of gas fell more than nine cents a gall
for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough. introducing the chase liquid reloadable card. with chase liquid, there's no waiting and no fee to activate you can load cash and checks at any chase depositfriendly atm and there are no withdrawal fees at ov
-year-old lieutenant inowe way led an assault on machine guns in italy. he destroyed all three after being shot in the stomach and having his right arm nearly severed. it was later amputated. he was awarded the distinguished service cross but it was elevated to the medal of honor. his death live the michigan congressman as one of the two remaining world war ii veterans in congress. >> he worked to make the congress effecve as a tool in serving the broad public interest both for hawaii and for the rest of the country. he believed in legislating, legislating well. he knew that working together and accepting the responsibilities that we get when we are sworn in and when weary lected was an extremely important part of his responsibility as senator. >> brown: after the war, he turned to politics. he won a seat in the u.s. house in 1959 and was elected senator in 1962. six years later as keynote speaker he lent a steady voice of reason to the riotous proceedings of the 1968 democratic convention in chicago. >> this is our country. and we are engaged in a time of great testing. >> brown: he
doesn't have enough bonds to make a difference is about .5%. portugal at 7 and italy at 4.5. the point is that whether or not you or s&p or anybody else downgrades the united states is there a danger that it becomes substantially more expensive for the u.s. to borrow money any time in the future? >>. >> a lot of the borrowing costs have been masked by the purchases by the federal reserve bank, they purchase about 75% of what the treasury has issued over the past year. the bigger challenge for a lot of institutional investors with regard to the credit quality of the u.s. is entitlement reform. the unfunded liabilities are in the area of $100 trillion. depending on what type of interest rate or discount rate you use for the future liabilities. >> that's something that we have some time to address. more important than the immediate deficit reduction for a lot of institutional investors, including ourselves. >> i'm going to take it over to jim for a second. jim your firm manages money for individual and institutional investors. what have they been doing ahead of the fiscal cliff. >> good l
that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much
ready with unlimited support for spain and italy, when and if they sign on to oversight agreements. these are huge dramatic changes. think about how many times we've agonized over where the money would come from for bailing out spain and italy. now we know. when they sign on to oversight. >> the point is we know -- we know what the policy response already is by the ecb and the feds. so what is going to be the next catalyst to keep the markets to those new highs you're talking about? >> the next big catalyst is obviously the fiscal cliff resolution, second, you have spain sign on to oversight from the ecb. remove any possibility of spanish default and we think that lagarde is signaling that the conditions to that oversight will be a lot about labor market reforms. those are growth enhancing, so that's another great catalyst for the market. last, but certainly not least, i think you could see the new leadership team in china come more aggressive reform program than people are expecting. >> all right. michael, good to have you. >> thank you so much. >> michael jones of riverfront. >>
kent. >> as a japanese american soldier in world war ii, he lost his right arm in italy and received the medal of honor. only 31 people have ever lane in capitol rotunda. the last was gerald ford nearly six years ago. >> as the bin laden movie, his theaters -- >> he is right in the inner circle. >> some senators are livid over a scene about torture. plus, a case so shocking it pushed president obama to make a phone call. inside an army daycare, workers who had no business watching children. and should the government buy back guns to boost the economy. you will hear the case. >>> years ago this month, ex-cop heard screams and rifle shots outside her church. a glass door exploded and someone yelled gene is coming through the door. live from denver, welcome to you. take me back to that day. from what i heard from the story, people start ducking and hiding. what happened next? >> the gunman had shot and killed people outside and that alerted me. i heard the muffled pop, pop noises. it even sound like he had come inside the church when he was not inside yet. the gunshots were so loud. the
backyard is not okay. >> we start this morning with breaking news from italy. >> a massive cruise ship, the ""costa concordia"" turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident, not a crime, but he now faces charges. the ship's captain is being investigated for manslaughter and abandoning ship. he claims he tripped and fell into a lifeboat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge sentenced the 68-year-old former penn state assistant football coach to at least 30 years in jail after he was convicted of 45 counts of child sex abuse. despite the mounting of evidence against him, sandusky continues to proclaim his innocence. he's in the process of appealing his sentence. number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida, in a body bag while george zimmerman went home to go to sleep in his own bed. >> accused gunman george zimmerman claimed self-defense in a case that sparked international outrage, and ignited racial tens
into another recession. thirty-two people dead, including two americans off the coast of italy. when the cost of concorde a cruise ship runs aground >> more than 79 people killed and 8000 injured. a district court says that they would like to oust president hosni mubarak to life in prison. and mohammed morsi, of the muslim brotherhood party takes charge for it in november, he grants himself absolute power that brings thousands of protesters to the streets of cairo, egypt. three members of a russian all-female punk band stage a protest against vladimir putin are sent to jail for hooliganism. inciting worldwide protest and demand for the release. rupert murdoch launches into the successor role of news of the world. president bashar al-assad and a cease-fire agreement, negotiated by former u.n. secretary. tens of thousands of people killed since march of last year. the death toll continues climbing almost daily. green on blue insider attacks increasing in afghanistan. one in 50 u.s. and international soldiers killed this year by their afghan partners. it is pop and circumstance for great britain
is not okay. >> we start this morning with breaking news from italy. a massive cruise ship the costa concordia turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident, not a crime. but he now faces charges. >> the ship's captain is being investigated for manslaughter and abandoning ship. >> he claims he tripped and fell into a life boat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge sentenced the 68-year-old former penn state assistant football coach to at least 30 years in jail after he was convicted of 45 counts of child sex abuse. despite the mountain of evidence against him, sandusky continues to proclaim his innocence. he's in the process of appealing his sentence. >>> number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida in a body bag while george zimmerman went home to go to sleep in his own bed. >> accused gunman george zimmerman claims self-defense in a case that sparked international outrage and ignited racial tensions. the trial i
to italy, whether you're in rome or venice, you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay and pi pino noir, two of the grapes that go in champagne. but it's really remarkable. >> this is champagne? >> it's right next door to champagne. in france when they make wine in a sparkling wine type style, you can get this from burgundy. this one is made from pinot noir and chardonnay. it's aged like a champagne but doesn't cost like a champagne. this is only $17 an hour. this is my personal favorite. this is very famous. they're famous for cristol. this is their california version. imcomes from mendocino. it cost 20s but tastes like a stunt double. >>> josh, you've got an open bottle and you can just pour. i want to get a sense. what are these different glasses for and do you use a different glass for sparkling wine or champa
. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the word ridiculous, but it's just ridiculous to watch. so market participants, the short-term market participants are on the sidelines. i think we're looking at about a 12-month
defending on when you get deployed. we were stationed in italy to families and seeing their children who weren't born yet are walking and talking. it's the family that really is the glue that holds it together. they are one of their parents and it's not that they don't want to be there, their business takes them elsewhere. >> throws everything off. here is to jen. thank you so much. congratulations on the book. >> thank you so much. >> colonel jack jacobs, thank you as well. >> it's good to be here. it's a must read and we look forward to getting up to west point. >> soon. we'll do it. >> all the best to you. new jersey governor chris christie heads to washington to ask for billions in aid as the economic toel reaches $40 billion in his state. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their
of having the lie of the year! that would be president obama sold chrysler to italy which would then move u.s. jeep production to china. chrysler denied the claim. the media said it was untrue. the public was outraged. the romney campaign spread it anyway. we're back after the alright, in 15 minutes we're going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15 seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm a
. italy will celebrate the new year in five hours. we'll show you other great celebrations we've been watching from around the world. this is victoria harbor. this is in hong kong. beautiful fireworks show. organizers say it was the biggest one ever. watch this. pretty spectacular. another big party. this one is over sydney harbor bridge in australia. the show was huge. we're talking about seven tons of fireworks. check out this. nice. celebration in new zealand. that is auckland sky tower. organizers were worried back weather was a problem but everything turned out just fine. we are watching throughout the world. seoul, south korea, the mayor and others gathering to hit the traditional bell and welcome in the new year. happy new year to many of those around the world. here in the united states new year could usher in a sobering reali reality. we're talking about the major tax hikes for almost every one of us if congress does not reach an agreement on the fiscal cliff. president obama is now scheduled to make a statement about the negotiations. that's going to take place about 1:30 or
harry reid. a tribute to his live 88 years. >> after being gravely wounded in italy inouye's arm was amputated. he spent 21 months recuperating from his wounds in an army hospital in michigan. during there he met a lifetime friend, future majority leader bob doyle, another young g. i. also wounded in the european theater. senator dole told senator inouye he bland to go to law school and eventually serve in congress. dan inouye what's elected to congress in 1959 as hawaii's first congressman. bob dole what's elected to congress a year later. senator inouye always joked, i went with the doyle plan and i beat him. three years later dan inouye what's elected to the senate and he's been a soft and powerful voice for the people of hawaii ever since. although senator inouye was an unabashed progressive democrat he always put his country first and his party second. dan was a vibrant and vital presence in the senate, and in death he will remain a legend. his last words on earth, aloha, and it's with a heavy heart that i and we bid aloha, goodbye, i love you to a friend and legend of the s
in italy. now our sources tell us, tell fox news, that three requests were made by those people who were under fire and lost their lives for help, for a rescue, for something. they even painted a laser target on the enemy that was shelling them. and nothing happened. three requests were turned down. petraeus said it wasn't the cia that turned that down. does that mean it was the president? >> we want to find out and only by having secretary clinton appear before our committee sometime before mid-january will we be able to know. what did she know and when did she know it? was she given real-time intelligence? remember intelligence reports were coming, even before 9/11, to say this is a soft target. this is easy picks. there are extremist elements all around this consulate. why were those security requests denied. gregg: right. >> and then on that day for seven hours we couldn't even scrap bell one jet to show support? there had to be a much better way. gregg: "the american spectator" wrote, obama's fingerprints is all over this refusal. no one in the cia command --, failure has to be obam
, we got a three here. caller: i am about an hour from newtown. italy makes a difference if she did not have her firearms secured. -- it only makes a difference if she did not have her firearms secured. host: thanks for your time. guest: james is right about the issue with serial numbers on various parts. particularly assault rifles and can be reassembled in various ways. there are things that can be done. you can step serial numbers on various parts of the action of the gun. most guns used in crime are handguns. those have less squabble parts -- swappable parts. this point about education, that is certainly right. everyone would be a lot safer if gun owners were required to go through some sort of safety training. a lot of folks to not go through training because there are no rules in most states requiring them to do so. it is very difficult to know whether the person who is purchasing a firearm and knows what they're doing with it and knows how to secure it. that is why a lot of these guns and up being used inadvertently or otherwise in crime or accidental shootings. host:a tweet,
on her face was like, what, i'm in new orleans, he's in italy. are you kidding me? >> we just had fun. ♪ >> high. kick high! ♪ >> new york city! [ applause ] >> the producer at the time said, you know, you play bass. yeah. and somehow they worked it out so i was able to play with captain and toneil. i probably rehearsed that song at home 500 times. ♪ ♪ like you see ♪ >> nobody, not one show, not one person, nobody does halloween the way they do halloween at the "today" show. >> susan boyle! ♪ a dream >> when i get that laughter from the crew like, yes, that was a good one. hopefully the people at home are laughing, as well. ♪ >> you can open your eyes. >> do you have anything that sort of numbs the pain before you do this? >> i can't believe i was that old. and i never had my ears pierced. i was really nervous about doing it on tv. mostly because i was afraid that the person who was doing the piercing was going to get nervous. >> oh! >> did i do it -- >> no -- >> i can't tell you how many times i've said i can't believe they're payneath do this. >> thank you. thank you v
the cliff that is force austerity, that is firing people. look at spain when they got serious. italy. it meant a lot of firings. he says i see what we are going to do follow these countries that have fiscal responsibility a lot of people are going to be fired. don't worry, i'm going to do my best. what what are you going to do to keep people employed? >> keeping the heat on congress, came up a number of times, of course energy the press conference that followed the fed announcement but unclear what impact it will have. >> and as far as ben bernanke can do only so much he can do we all know the market's addition to the additional stimulus and the more -- increased transparency in terms of what the fed is going to target in the future, that causes the stocks to go up for maybe an hour's worth of time and then resume trading as if nothing happened. >> in the years i have been following the fed there is always a strange dichotomy, seems like the market initially gets everything wrong. but what i have always felt, in the end, we take solace, if the fed says things are getting better we ge
in italy, germany is down by .9%. >> of course, futures as you saw are taking a hit on concerns that a deal will not be reached to avert that fiscal cliff. an attempt by house speaker boehner to avoid that class and pass the so-called plan b tax bill. that failed. the measure that would have kept current tax rates for those making less than $1 million a year. it never even made it to the house floor. speaker boehner is scheduled to hold a news conference about an hour from now. of course, we'll bring that to you live. >> here we are. >> here we are once again. >> there was no real plan b. there was no real possibility of this. the republicans, the vast majority signed a pledge, they will not vote for tax increase. who would think they would suddenly turn around and vote for a tax increase. they pledged not to. >> the speaker said they might. >> i don't care. >> unless it's some sort of a plan to show how he's really -- you know, you've got to negotiate harder. because look what i'm dealing with. >> these guys -- do you suddenly think they're saying, all of a sudden we're for taxes. no tax i
the aviation business of italy's avio for $4.3 billion. ge is trying to expand its participation in the jet propulsion market. they were once owned by fiat and is now controlled by a european private equity firm and research in motion reported a smaller than expected also for its latest quarter. the stock is under pressure as the company saw its first-ever drop in its subscriber rolls and said it would be changing its fee structure. that is something that brings in more than a third of the nephew. it's been seen as the one real stable piece of that business. we do have the ceo thorsten heins. he'll be joining us in just about 30 minutes to talk more about this. >> there's only ten days left now to prevent automatic tack hikes and spending cuts. joining us from washington, republican congresswoman shelly moore capito. were you privy to everything that was happening yesterday? >> i was shocked when we went into the conference at 7:45 and the speaker, after offering this serenity prayer, said merry christmas, you're going home, we're not putting the vote up, we don't have the votes. i was disa
.s. and in the country around the country, i have different sparkling wines. i have chandon, proseco from italy. >> juliet: with a little straw there. >> fun minis. >> juliet: for people who have no desire to make their own drinks. thank you very much. we'll get all this information out on our web site. >> cocktailguru.com. >> juliet: thank you so much. we're going to take a quick break. we'll be back in two minutes. stay with us [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. . . with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... grea
to go into the military. he became an outstanding member of the military. and in italy, he did -- there were exploits that he performed that won him the congressional medal of honor. and you don't get that unless you are an extraordinary human being. he took out an enemy position, a german position when he was hit again and again and again. he lost one of his arms, and he just kept going. and i wish he was still here today. i called him on the phone when i found out about that and i told him i never met him but i wanted to know that members of the house thought he was an extraordinary man and i'm sure he will be missed. i have been here 30 years and i'm retiring at the end of this term. and i thought i ought to have at least have a little bit of a swan song maybe five or 10 minutes and talk to my colleagues about what's happened over the 30 years. when i first came here, i was a very young man and i knew everything. you couldn't tell me anything. and now that i have been here 30 years, i realized i didn't know much of anything and i probably know less now than i did then. but t
and permanently disabled. his actions on 21 april 1945 in italy were a towering example of strength, stamina, courage, and determination. for which he received one of the 21 medical -- middle of honors. he and other nisei veterans achieve something monumental, and a sense they had earned the right to take larger roles in their communities. that also came home tolerant of the use of politics different than their own, a sentiment born of the intolerance they had experienced after pearl harbor, but more keenly felt after the horrors they witnessed in liberating dachau, and they understood the understand -- the importance of good citizenship, fair play, hard work a lot of respect for others, and for our flag. i had relatives who served in these stories units, characteristic of them all was rarely if ever speaking about what they had done in the war. from them, my generation learned to find virtue in humility and inability of hard work and the value of family and the confidence that we in america could achieve anything. they taught us the hope -- to hope and to dream. then to do something to do s
[indiscernible] $750 billion came through and it was more aggressively priced than italy, spain, and portugal. that is where you create economic prosperity. the agencies are doing fantastic stuff but it will not create what we need on that continent. the marginal interventions are not going to create economic growth. we know how to create jobs, so instead of having large subsidy programs, start there. get rid of those programs and we can talk about economic growth. >> you can understand why they are the most prominent voices in the business. >> a look at social media and on line speech. this is half an hour. >> we are going to shift gears a bit. i took my tie off the war earlier this morning. first, there is wifi here. you should log on to the nyu guest account. user name is guest131. password is right there for you. we will talk about the use of social media. it has been on everyone's lips the last couple of years. we have wonderful guests that are known for their engagement with their audience. i predict we are going to hear a little bit of criticism and push back on some of the wisdom of s
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